Niantic Reportedly in Talks to Sell Gaming Division for $3.5 Billion
The Pokémon Go developer is negotiating a potential sale to Saudi-owned Scopely, though no agreement has been finalized.
- Niantic, the creator of Pokémon Go, is reportedly discussing selling its gaming unit to Scopely for $3.5 billion, according to Bloomberg sources.
- Scopely is owned by Savvy Games Group, a subsidiary of Saudi Arabia’s Public Investment Fund, which has been expanding its investments in the gaming industry.
- The sale would include Pokémon Go and other Niantic titles such as Monster Hunter Now and Pikmin Bloom, though Niantic has struggled to replicate Pokémon Go's success.
- Niantic has faced financial challenges in recent years, including layoffs, canceled projects, and declining revenue from Pokémon Go, which dropped to $544 million in 2024.
- The deal, if completed, could shift control of one of the most successful AR games to Scopely, raising concerns among players about potential changes to monetization and game management.